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fox on top of unions doubling down and in michigan. their supporters far from correcting them try commending them. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. there will be repercussions. neil: so you think we have another wisconsin on our hands? what have i told you? this is not about right to work. this is looking more and more like right to whack. welcome, everybody. i'm neil cavuto, and whether you're for the michigan governor trying to make his the 24th right to work state right now, consider this, they are not taking it down, and they will be damned if they get wisconsinized right now. you remember scott walker no longer making it mandatory that public workers had to be why unions. he was recalled, but survived, and so did the efforts to dramatically limit collective bargaining in the state. unions are still smarting over that one and what went down in wisconsin. the hell they'll just let it happen again in michigan. it is their method of protests that are stirring
fox on top of unions doubling down and in michigan. their supporters far from correcting them try commending them. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. there will be repercussions. neil: so you think we have another wisconsin on our hands? what have i told you? this is not about right to work. this is looking more and more like right to whack. welcome, everybody. i'm neil cavuto, and whether you're for the michigan...
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unions want fast workers paid more. the new "new york times" put thn the front page saying mcdonalds pays her $8, but she deserves $15 #. civil ights groups, union demands a higher living wage, and they may get it. [chanting] >> the big bad union like the big bad wolf like thegovernment use force. if they want a15 minimum, that's what employers must pay. that sounds good to people. everyone will get a raise. the problem comes from what is not seen. i can interview the guy who got a raise. i can't interview the g who dn't open a mcdonalds because work rules were too onerous or those never offered a job because high union paid skills protected him out of a job. we don't know who those people are. they are the unscene victims of the government's protections. it's frustrating to plain the unseen. sometimes i fear no one
unions want fast workers paid more. the new "new york times" put thn the front page saying mcdonalds pays her $8, but she deserves $15 #. civil ights groups, union demands a higher living wage, and they may get it. [chanting] >> the big bad union like the big bad wolf like thegovernment use force. if they want a15 minimum, that's what employers must pay. that sounds good to people. everyone will get a raise. the problem comes from what is not seen. i can interview the guy who...
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we saw it with the hostess union guys. we rather take unemployment than take consessions. >> wayne, the benefits are so crucial we should extend them and not keep them in place but give more of a han out to the unemployment for the reasons of saving the economy. >> i have a better idea. have everybody stand on the corner with a bag of cash. it is idiotic and nancy pelosi, she is a -- econist. that is it a guy who drives the car by looking in the rear view mirror and goes around and seriously she's more interested in "saving the economy" than doing something correct or doing it right. by the way, recentl and i saw this on ather network, forgive me, they were talking about unemployment and t they were saying that the idea of unemployment insurance stretching out to 99 weeks where they wod start a guy in the midwest in manufacturing and start somebody on a job . they would train him agree to train him if he was not skilled . that tells you about the federal training programs . get him a job. no, we rather collect the unemploy
we saw it with the hostess union guys. we rather take unemployment than take consessions. >> wayne, the benefits are so crucial we should extend them and not keep them in place but give more of a han out to the unemployment for the reasons of saving the economy. >> i have a better idea. have everybody stand on the corner with a bag of cash. it is idiotic and nancy pelosi, she is a -- econist. that is it a guy who drives the car by looking in the rear view mirror and goes around and...
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i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right to choose whether or not they belong to a union. a clothes shop where they have to ha the union and i don't think that's freed, if you nt to join the union by all means, but to make it mandatory, that seems a bit harsh. >> neil: buthe unions are spinning it the other way in michigan, charles, what do y make of that? >> and ben makes the great point. the unions feel like their back has been against the walls and have for a number of years. in michigan, this is the way we can be competitive. listen, everyone talks about the great comeback in detro inheuto sector, that's a mirage. micgan's in trouble, detroit is in trouble and this is how they compete on the national scale, ultimately, a global cale. >> neil: dagen? >> very significant that this is happening and by the way, this is just the right to not have to pay union dues if you don't want to belong to a union first and foremost. >> neil: and you got that. >> very significant that
i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right to choose whether or not they belong to a union. a clothes shop where they have to ha the union and i don't think that's freed, if you nt to join the union by all means, but to make it mandatory, that seems a bit harsh. >> neil: buthe unions are spinning it the other way in michigan, charles, what do y make of that? >> and ben makes the great point. the unions feel like...
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if there's a benefit to be in the union, so be it, good for the union. if they do not, so be that too. >> well, if it's that simple, then, yeah, i think that there's nothing wrong with allowing workers to make their own choice. in florida, we've been in an environment in the construction business where it's a right-to-work state, and we had tremendous booms in construction with that kind of scenario. it does work, but then, you know, look at new york where it's a predominant union town and union state, and, you know, look, things get done efficiently, but it costs more money to bill union, versus nonunion, and the question you have to ask is does it impact on generates more or less jobs? neil: but do you think that the president should make a statement? no one denies that unions helped them over the finish line, passionate crowds feeled owed, and the president feels an obligation to pay them back here, but should he make a statement, as businessmen argued, to stand and say this is one thing i'm just not with you on. i see nothing wrong with free choices.
if there's a benefit to be in the union, so be it, good for the union. if they do not, so be that too. >> well, if it's that simple, then, yeah, i think that there's nothing wrong with allowing workers to make their own choice. in florida, we've been in an environment in the construction business where it's a right-to-work state, and we had tremendous booms in construction with that kind of scenario. it does work, but then, you know, look at new york where it's a predominant union town...
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. >> neil, unions don't have a point, but propaganda. that ad leads up to a day of action from th union on december 10 #th, you know, that never turns out well, does it? i mean, g.o.p., i think, loses on the issue because they are basically siding with the unions wanting to extend, preserve, and protect entitlement programs. they should take a page from george bushing and move towards privatizing entitlements giving ownership. they own a safety net that's nothing. it's empty. that's why the system is collapsing on itself. >> i think john's rnc sighing a breath of relief you are not in charge of the campaign. that's political suicide. neil: there's a point of losing resolve, their mojo. that used to be the stuff in dna to show responsibility. >> we talked about this. you have jim demint leaving the senate saying i'm more effective at the heritage foundation, the tea party and others do not want a deal. neil: worked under harry reid. >> well, no, no, filibustered -- neil: no mystery leaving the body led by democrats. >> if you're jim demin
. >> neil, unions don't have a point, but propaganda. that ad leads up to a day of action from th union on december 10 #th, you know, that never turns out well, does it? i mean, g.o.p., i think, loses on the issue because they are basically siding with the unions wanting to extend, preserve, and protect entitlement programs. they should take a page from george bushing and move towards privatizing entitlements giving ownership. they own a safety net that's nothing. it's empty. that's why...
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big unions say the same, pat buchanan said it is hard to cut a deal, hen no one is cutting budget or slowing growth. that is reality. ratio now. 3 to 1 in favorf tax hikes over spendingut that is a best case scenario right now. >> well, the -- i remember ron aronald reaga in1985, he said they promised me $3 in spending cuts for every one i spending cuts, they gav him opposite he felt he had been taken to the cleaners in the bill, in 1982, that was on his mind for the rest of his presidency, and republicans are headed into the same trap. nei: i think, there are a lot of people who don't like tax hikes, but president campaigned to hiking taxes on the weahy, as mh as i'm against it, it is going to happen. but if that a consequence, it is not, other consequence should not be you republicans losing your backbone and resolve on issues near toou, bu they are folding onheapuits on ooe issue after another, whatives? >> i think they realize, they have a gun to tir head, they are told by the preside, either y will give me an increase in tax rates, repeals bush tax cuts from 39 to 45%, and if yo
big unions say the same, pat buchanan said it is hard to cut a deal, hen no one is cutting budget or slowing growth. that is reality. ratio now. 3 to 1 in favorf tax hikes over spendingut that is a best case scenario right now. >> well, the -- i remember ron aronald reaga in1985, he said they promised me $3 in spending cuts for every one i spending cuts, they gav him opposite he felt he had been taken to the cleaners in the bill, in 1982, that was on his mind for the rest of his...
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michigan, home of the most powerful union in the country, a symbol of union power and dominance for generations. not anymore. workers are no longer to give up part of their paycheck to union dues. now, the unions didn't go down without a fight. literally. take a look at this, outside the state capitol. the moment the bill passed, things got violent. tents belonging to americans for prosperity, who were there to suppt the bill, torn down. one of the groups senior staff, steve, who is actually also a fox ws contributor was brutallyassaulted as he tried to prottect his staff. nuts. joining us now, thee most senior republican lawmaker who voted today, the house speaker, thank you for being with us today. this is monumental on so many levels. we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monmental night because it's a monumental win for michigan's workers. we kept the focus on the workers, their freedom to choose which organizions to join and what they don't want to join. we know there we
michigan, home of the most powerful union in the country, a symbol of union power and dominance for generations. not anymore. workers are no longer to give up part of their paycheck to union dues. now, the unions didn't go down without a fight. literally. take a look at this, outside the state capitol. the moment the bill passed, things got violent. tents belonging to americans for prosperity, who were there to suppt the bill, torn down. one of the groups senior staff, steve, who is actually...
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automatic deductions from payrolls going to union fees for those who don't join union workers. they're trying to be very pro-worker. tracy: let's face it. i don't want to be forced at work, don't want to feel as a worker so it is good for me too. it feels almost odd entire south is still union where you get your northeast states all rights to work. why is there such a division? >> i really can't tell you, but it's postmarked the mentality the workers should be freed to make their own decisions. while republicans can push the bill through. obviously the unions and the uaw are crying uncle, but the time has come. tracy: union membership is falling precipitously. now you have political donations being the only reason the president is in this state backing this because otherwise there is not that many union workers left out there. >> that is absolutely right. they have been the craft for the politicians to keep this scheme going and if you can take those who want the unions are not want their dues to be deducted it is going to crumble because your cutting the head off the snake. tr
automatic deductions from payrolls going to union fees for those who don't join union workers. they're trying to be very pro-worker. tracy: let's face it. i don't want to be forced at work, don't want to feel as a worker so it is good for me too. it feels almost odd entire south is still union where you get your northeast states all rights to work. why is there such a division? >> i really can't tell you, but it's postmarked the mentality the workers should be freed to make their own...
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neil: whyhould they be unionize? why is it a given everyone be part of a union? if a majority people don't then there is no union neil: i tought you have no choice? >> but if the jority being represted did not want to me they could vote to leave the union. neil: easier said than done. ny have said it will follow the same trajectory. >> in indiana the results have been fantastic. th is whathe stas need indiana gets it. it will be beneficial to the people of the argument as against those the represent. neil: of south carolina is right to work with 10 percent unemployment. >> rig to work states have a much better onomic record the tse divorces union. south calina is doing well. they make e wod class airliners private sector job growths being created. >> it is a sneak attack they tried to get this done but i the line. the governor was right when he said it is not appropriate. neil: think you both for your time. getting the nobel peace getting the nobel peace prize and ally bank. getting the nobel peace prize and why they have a raise your rate cd. tonight our gues th
neil: whyhould they be unionize? why is it a given everyone be part of a union? if a majority people don't then there is no union neil: i tought you have no choice? >> but if the jority being represted did not want to me they could vote to leave the union. neil: easier said than done. ny have said it will follow the same trajectory. >> in indiana the results have been fantastic. th is whathe stas need indiana gets it. it will be beneficial to the people of the argument as against...
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enforced union stes down 3%. that is a significant statement when it cos to right-to-work states in this cntry. >> it sure is. the real bottomine to it is people are voting with their feet. since 1990s -- since 1990 every time we've reapportioned the united states house of representaves, the right-to-work states have gned eight to nine representatives while the forced unionism states have lost eight to nine. the dierence since 1990 has been 25 sts going from the forced unionism states to the right-to-work ates. peoplere voting with the feet. people don't want to forced into unionism, they don't wnt to have a pay union to keep their jobs. lou: and the fact of the matter is tt a heeritage study shows a quarter of union members would stop paying dues if they cod. they're being begin tha opportunitunder legislation. as we repor 22 states considerinit this yar, four of them tually got itdone including now most receny, of course, the state of michigan. how porful is this movement going to be over the course of the next
enforced union stes down 3%. that is a significant statement when it cos to right-to-work states in this cntry. >> it sure is. the real bottomine to it is people are voting with their feet. since 1990s -- since 1990 every time we've reapportioned the united states house of representaves, the right-to-work states have gned eight to nine representatives while the forced unionism states have lost eight to nine. the dierence since 1990 has been 25 sts going from the forced unionism states to...
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but jonas it right, a lot of cities like detroit are avily unionized. they invested heavily in these gold-plated cadillac-like government pensions as the revenues have dropped off and diminished and detroit is a great example, people leaving the city now for decades. they find they can't pay these pensions. so in a nutshell, they mismanaged their money and now they're coming-- i don't blame the council woman they did help to get president obama elected. look, we did you a solid and unfortunately it's not the right way to go, i don't think anyone wants to bail out detroit for mismanagement. >> brenda: julian, what y you. >> i think we have to define the terms, quid pro quo and bailouare unfortunate terms. i think that jonas made the right point. you have to separate long-term and short-term issues. long-term, the same way that the government rormed entitlement, the state has to reform pension programs. and many states and governments are doing that. in the short-term, however, it's another question when you're in an economically very difficult time, if t
but jonas it right, a lot of cities like detroit are avily unionized. they invested heavily in these gold-plated cadillac-like government pensions as the revenues have dropped off and diminished and detroit is a great example, people leaving the city now for decades. they find they can't pay these pensions. so in a nutshell, they mismanaged their money and now they're coming-- i don't blame the council woman they did help to get president obama elected. look, we did you a solid and...
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, and the unions cannot stop it. tracy: they brought down, the auto industry, and the airlines and heck baseball at one point is, this the beginning of the end? >> this is a long train wreck for the unions right now, this is -- when you think about michigan the pillar of unions, and this particular state, not passing a constitutional amendment that would ave been, great for the unions then losing this particular initiative. the news is not good for the union workers right now. tracy: and james, tech industries, you see you know, you don't see bill gates or steve jobs, while still alive, working for union workers, the world is changing a little bit, is it still necessary? >> that is the problem that the unions have, they have not changed fundamentally how they represent workers since the 1930s, but the economy has changed. look at union contracts, all senior tie based promotions and pancreases. you want performance reviews, and performance based pays and the union makes name possible. tracy: thank you for your insight
, and the unions cannot stop it. tracy: they brought down, the auto industry, and the airlines and heck baseball at one point is, this the beginning of the end? >> this is a long train wreck for the unions right now, this is -- when you think about michigan the pillar of unions, and this particular state, not passing a constitutional amendment that would ave been, great for the unions then losing this particular initiative. the news is not good for the union workers right now. tracy: and...
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he ay be hearing from a few unions themselves. george zimmerman, the man accused of killing a florida teenager martin is suing abc news coming the network tried to portray him as a racist in order to boost ratings. zimmerman took issue with other network edited his 911 call on the night of the shooting in february. this is whatthe network aired. >> this guy looks like he is up to no good. he looks black. lou: wow. that's remarkable editing because this is what he actally said to te 911 operator. >> this guy looks like he is up to no good are on drugs or something. it's raining. walking around looking about. >> okay. white, black orhispanic? >> looks like. lou: it turns out to left quite a bit out of that dialogue, and they? the lawsuit seeks an undisclosed amount of damages. nbc denies any wrongdoing. they have not apologized. critics ae slamming president obama and his inauguration committee for anuncing they will accept corporate money to pay for three days of festivities in january. can't wait. a reversal from the president's p
he ay be hearing from a few unions themselves. george zimmerman, the man accused of killing a florida teenager martin is suing abc news coming the network tried to portray him as a racist in order to boost ratings. zimmerman took issue with other network edited his 911 call on the night of the shooting in february. this is whatthe network aired. >> this guy looks like he is up to no good. he looks black. lou: wow. that's remarkable editing because this is what he actally said to te 911...
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Dec 11, 2012
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in fact, i don't view it as anti-union, but the unions to accept up and why they add values to workers when workers see the value, sign up, and if you don't, hopefully unions are more responsive. secondly, it brings jobs to michigan, more and better jobs to the state. david: well, when you have the president of the united states misdescribing it, according to you, that could possibly be one of the reasons why tempers have become inflamed. we have some people calling for blood or using that rhetoric, state representative doug reece talking about that in the legislature. play a sound from that. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. david: "there will be blood ," and the mayor saying similar things. any kind of evidence of the coordinated everyday of violence in the state? >> those comments are not proposal. the union has done a lot of things in michigan. the labor movement, the 20s, 30s, and 40s, people flocked to the union because they did great things with wages, working benefits, all of those things, but today, sho
in fact, i don't view it as anti-union, but the unions to accept up and why they add values to workers when workers see the value, sign up, and if you don't, hopefully unions are more responsive. secondly, it brings jobs to michigan, more and better jobs to the state. david: well, when you have the president of the united states misdescribing it, according to you, that could possibly be one of the reasons why tempers have become inflamed. we have some people calling for blood or using that...
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that means workers will not be required to join a union or pay dues as a condition of employment. rules require a five-day waiting period before the governor can sign the bills which he has pledged to do the bills passed despite cries of outrage of union activists who stormed the state capitol. police were formed to use pepper spray to subdue the protesters. there were walk outs from democrats. >> these guys lied to every day and acting like cowards pushg this through in the dark of night lame duck. >> heays this is leadership. >> baloney. melissa: republicans lost five house seats in the november election and admitted to wanting to get it done before the legislatureakes office next month unions may not like it. it is pro-workers pro-growth, pro-ployment, pro-economy. you name it. go for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bng a bull or a bear and what 2013 has in store for us. ♪ . the capital one cash rewards card gives yo
that means workers will not be required to join a union or pay dues as a condition of employment. rules require a five-day waiting period before the governor can sign the bills which he has pledged to do the bills passed despite cries of outrage of union activists who stormed the state capitol. police were formed to use pepper spray to subdue the protesters. there were walk outs from democrats. >> these guys lied to every day and acting like cowards pushg this through in the dark of night...
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unions may not like it. it is pro-workers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear and what 2013 has in store for us. ♪ . ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] a full life measured in seats starts with the right ones early on. car crashes are theumber one killer of children 1 through 13. learn how to prevent deaths and injuries by using the right car seat for your child's age and size. melissa: "fox business alert" for you now. netflix is facing scrutiny over a facebook post by its ce listen to this. curities & exchange commission recommending action be brought against ceo reed hastings. he posted his onli video, viewing exceeded one billion hours for the first time ever in june. information how the company was performing. the sec says that information should have been disclosed in a regulatory filing or news release. shares of n
unions may not like it. it is pro-workers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear and what 2013 has in store for us. ♪ . ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] a full life measured in seats starts with the right ones early on. car crashes are...
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you would not know it watching the boisterous union protests, but unions are left intact by this new law. as is, the right to collective bargaining. the big victory for worker rights today, the elimination of the power of both public and private unions to demand and a worse dues from workers and the end of union power to force workers to pay what have been mandatory dues. michigan becomes the 24th state to enact right to work laws after legislation passed the state house of representatives and was sent on to governor rick snyder for his signature. protesters of this new law number some 10,000 at today's demonstrations. most league made up of uaw union of the workers, machinists, teachers, sometimes angry crowds that seem to be taking cues from their democratic leaders. one group described by those on the ground as a mob chanting and go home while tearing down a conservative activist group tent. a member of that mob scene right here. this as protesters are heard in the background threatening the police with violence. here he is trying to plead with pro union protesters to be less phys
you would not know it watching the boisterous union protests, but unions are left intact by this new law. as is, the right to collective bargaining. the big victory for worker rights today, the elimination of the power of both public and private unions to demand and a worse dues from workers and the end of union power to force workers to pay what have been mandatory dues. michigan becomes the 24th state to enact right to work laws after legislation passed the state house of representatives and...
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and what this law changes is forced union membership, i repeat, forced union membership. so why is the president, and why are the unions so upset? in this case, it is about the money. specifically union dues, less money, mea less political power, this is the offset to the right to work, the right to power, and the unions think that is their right. other states like idaho and oklahoma pass right-to-work laws their union dues paying membership, those unions, dues pay membership fell by 15%. down 15%. if that happens in michigan, the heritage foundation has come up with estimate to how much the unions in michigan would lose. that number is over $46 million a year in dues. michigan, just one state. nationwide, we're not talking about public employee unions yet. let's do so, nationwide government employee unions collect, are you ready for this number? that is taxpayer money, going in the form of wes to the government class, if you will, public employees receiving and paying $14 billion in dues alone. that is what is at stake here. this is not just about money, it is not just a
and what this law changes is forced union membership, i repeat, forced union membership. so why is the president, and why are the unions so upset? in this case, it is about the money. specifically union dues, less money, mea less political power, this is the offset to the right to work, the right to power, and the unions think that is their right. other states like idaho and oklahoma pass right-to-work laws their union dues paying membership, those unions, dues pay membership fell by 15%. down...
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so is this the end for unions? joining me now is the the director of labor policy at mack kin gnaw center, who has been at the protests site all day. we have mark brenner, director of labor notes. vinnie, what do you make of what went on today? >> melissa, thanks for having me on. it is absolutely historic. you're talking about the state with the 52-week highest percentage of union members in the country. the birthplace of the uaw. for what has been long considered a union strong hold, giving workers the freedom to choose. freedom to choose whether or not to pay a union and still keep their jobs. this will have national ramification. this is very historic day both for michigan at country. melissa: mark, is there aniable positive way to spin this for the union side? >> of course not. this is union-busting move by lame duck legislature. this is puppet marching to the beat of puppet tease, dick devs of amway who want to hurt unions. melissa: did they succeed? is there a way to battle back. >> of course we have ability
so is this the end for unions? joining me now is the the director of labor policy at mack kin gnaw center, who has been at the protests site all day. we have mark brenner, director of labor notes. vinnie, what do you make of what went on today? >> melissa, thanks for having me on. it is absolutely historic. you're talking about the state with the 52-week highest percentage of union members in the country. the birthplace of the uaw. for what has been long considered a union strong hold,...
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lou: up next, unions supporting, protesters, and some of them a few of them resort to i think that is physical is that a left cross? something you might have missed if you were not watching fox news, that story is next. and coming up tomorrow, fox news, politics digital politic senator chris stirewalt, former u.s. ambassador to united nations, john bolton, and monica crowley among our guests you don't want to miss them. an over confident president perhaps? republicans, self esteem issues and a reserves house speaker, the a-team will bring a little piece to it all, next. lou: the mainstream liberal media, choosing to ignore another story that may portray the left wing coalition, in this country in the negative light. if you were watching the big three networks you would not3 know about the assault. i don't top use the word violence, abc, and cbs and nbc all covered the right-to-work protests, only one hinted there may have been physicality. >> they voice anger. >> protester swarm the governor's office building. >> anger boiling over. >> officers turning to pepper spray to control the c
lou: up next, unions supporting, protesters, and some of them a few of them resort to i think that is physical is that a left cross? something you might have missed if you were not watching fox news, that story is next. and coming up tomorrow, fox news, politics digital politic senator chris stirewalt, former u.s. ambassador to united nations, john bolton, and monica crowley among our guests you don't want to miss them. an over confident president perhaps? republicans, self esteem issues and a...
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unions may not like it. it is pro-workers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear and what 2013 has in store for us. ♪ . twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducinthe ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10larges chooseshares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. readnd consider it carefully before investing. risk includes possible loss of principal. readnd consider it carefully [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho!
unions may not like it. it is pro-workers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear and what 2013 has in store for us. ♪ . twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i...
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david: the unions have already dumped on that the union seas that is unacceptable. >> well, they have dumped on it but we passed it on a 14-0 vote. for new employees that is going to be the new paradigm. david: okay. >> you're right, there is opposition to that. they like putting pictures of me and governor walker but at the end of the day we've got to protect pension security for our current employees. put a plan together and we have for new employees. i would have liked to have seen us go even further but i'll tell you, it was a giant step forward when you look where we were. liz: well, mayor, thank you very much. we're glad the strike is over and the only good thing about the nhl lockout is that the l.a. kings can hold onto the stanley cup an extra couple months. david: you have a much cleaner dodgers stadium as well too with the new ownership, right, quickly? >> we have a great dodger ownership. i couldn't be more excited about next year. the same with the lakers. you saw what the galaxy did and the kings. liz: clippers. clippers. david: good sports town. >> clippers, of course. l
david: the unions have already dumped on that the union seas that is unacceptable. >> well, they have dumped on it but we passed it on a 14-0 vote. for new employees that is going to be the new paradigm. david: okay. >> you're right, there is opposition to that. they like putting pictures of me and governor walker but at the end of the day we've got to protect pension security for our current employees. put a plan together and we have for new employees. i would have liked to have...
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the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming together today in michigan. first off, the new right to work rules will become law tomorrow. the unions are absolutely furious out protesting yesterday and big demonstrations still to co
the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the...
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union dues. what does the legislation in michigan say about state collection of union dues? municipal workers? >> for a teacher in michigan, a law that prohibits deuce check off but that is for teachers. what this would do and unlike wisconsin is the supplies to the private sector and the government sector unions and says not only that the state is not going to do the check off but workers can choose whether they want to pay the union period. in the soon-to-be 26 forced unionism or non right to work state a union can actually get a worker fired for not paying them. stuart: why is michigan doing this? i am told it is because neighboring indiana became right to work and attracted a whole bunch of jobs and michigan is jealous so they want to fall in line. is that the reasoning? >> right to work has been kicked around in michigan for decades. when indiana went right to work michigan took a look at that and said right to work states have lower unemployment, bigger population growth, bigger wage growth
union dues. what does the legislation in michigan say about state collection of union dues? municipal workers? >> for a teacher in michigan, a law that prohibits deuce check off but that is for teachers. what this would do and unlike wisconsin is the supplies to the private sector and the government sector unions and says not only that the state is not going to do the check off but workers can choose whether they want to pay the union period. in the soon-to-be 26 forced unionism or non...
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you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; rig? ed, author of "the amateur"ays his sources say they are anything but. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list atthe winter event going on now through december 31st. [ santa ] ho, , ho! [ male announcer ] lease a 2013 e350 for $579 a month at your lal rcede deale lieu lie -- lou: well, you got to love former president bill clinton, interesting words on the fiscal cliff. in an event in sacramento, the president declared the whole standoff between president obama and the republicans as, quote, just a kabooky dance, two dogs that meet each other over a piece of meet, sniffing each other out, and moving towards a deal. with that elegance in mind,d, we welcome author of "the amateur," best selling author we have to say. friction here. that's not a helpful thing to say. i mean, he's not talking higher taxes, bu
you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; rig? ed, author of "the amateur"ays his sources say they are anything but. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list atthe winter event going on now through december 31st. [ santa ] ho, , ho! [ male announcer ] lease a 2013 e350 for $579 a month at your lal rcede...
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lou: up next, unions supporting, protesters, and some of them a few of them resort to i think that is physical is that a left cross? something you might have missed if you were not watching fox news, that story is next. and coming up tomorro fox news, politics digital politic senator chris stirewalt, former u.s. ambassador to united nations, john bolton, and monica crowley among our guests you don't want to miss them. an over confident president perhaps? republicans, self esteem issues and a reserves house speaker, ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. heartburn symptoms causedelieve by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach condions may still exist. talk to your doctor about nexi
lou: up next, unions supporting, protesters, and some of them a few of them resort to i think that is physical is that a left cross? something you might have missed if you were not watching fox news, that story is next. and coming up tomorro fox news, politics digital politic senator chris stirewalt, former u.s. ambassador to united nations, john bolton, and monica crowley among our guests you don't want to miss them. an over confident president perhaps? republicans, self esteem issues and a...
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the union folks suggested that the non-union folks should have gotten union labor. maybe it would not have fallen down. the police came in. we are okay at the moment. all call. connell: right now to corn prices. dagen: sandra smith has today's trade. sandra: influence is everything we do on a day-to-day basis. goldman is out with a big call. let me just give you some perspective. we have had three years of smaller corn crop. inventories are now at 839 year low. we have fallen about 14%. goldman is calling for an average price of 723 a bushel. they are calling for an average of 825 a bushel. that is another dollar gain from where we are today. if you look at a ten year chart, just to give you some perspective, there was a long time when core prices were a dollar 50 a bushel. how you can play this in the stock market. dagen: thank you, sandra smith. connell: we are waiting to hear from the speaker of the house, john boehner. dagen: stay right here on fox business and you will hear the speaker speak coming right up. ♪ dennis: i am dennis kneale. cheryl: i am cheryl c
the union folks suggested that the non-union folks should have gotten union labor. maybe it would not have fallen down. the police came in. we are okay at the moment. all call. connell: right now to corn prices. dagen: sandra smith has today's trade. sandra: influence is everything we do on a day-to-day basis. goldman is out with a big call. let me just give you some perspective. we have had three years of smaller corn crop. inventories are now at 839 year low. we have fallen about 14%. goldman...
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you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; right? ed, author of "the amateur" says his sources say they are anything but. ♪ [ engine revs ] ♪ ♪ [ male annouer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] h ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. at your local and you see the woman you fell in love witd but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is theonlyd to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask your heart is healthy enou for sexual activity. do not take cial if you take nitrate
you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; right? ed, author of "the amateur" says his sources say they are anything but. ♪ [ engine revs ] ♪ ♪ [ male annouer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] h ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your...
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unions sharing a loss of union dues and other power attack governor snyder claiming he's putting the future of the state in the hands of big business. well, president obama adding to the ever-expanding list of titles, the latest coming from the chairman of the white house triball nation's conference. listen. >> the president loves basketball. he has an indian name. he knows what it's like to be poor, and he has not forgotten where he came from, and his theme song is "hail to the chief." [laughter] i think he definitely qualifies as the first american indian president. lou: and so he is declared. you may remember the president has been called the first gay, female, jewish, and asian president; however, without question, the title of america's first black president belongs to bight. -- bill clinton. up next, the obama ultimatum. tax the rich, or he'll take the country over the cliff. vote on the facebook page, do you agree president obama's ultimatum on higher taxes are responsible for driving us over the cliff if that were to occur? we're talking with monica and angela, and lori. that
unions sharing a loss of union dues and other power attack governor snyder claiming he's putting the future of the state in the hands of big business. well, president obama adding to the ever-expanding list of titles, the latest coming from the chairman of the white house triball nation's conference. listen. >> the president loves basketball. he has an indian name. he knows what it's like to be poor, and he has not forgotten where he came from, and his theme song is "hail to the...
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to that union, i have got to join the union to get the job. why should i therefore have to pay money to that union? >> what is un-american is what you are suggesting, right to work. let me explain why it is un-american -- [talking over each other] >> nobody is denying the right to work. i'm trying to explain to you what you are saying is not democratic and un-american. this country is a democracy. majority rule. if the majority in a company vote to be in a union than that is what that is just like if you live in new york or l.a. and saying you are going to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart:
to that union, i have got to join the union to get the job. why should i therefore have to pay money to that union? >> what is un-american is what you are suggesting, right to work. let me explain why it is un-american -- [talking over each other] >> nobody is denying the right to work. i'm trying to explain to you what you are saying is not democratic and un-american. this country is a democracy. majority rule. if the majority in a company vote to be in a union than that is what...
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he voiced the teacher union cartoon where the rich urinate on the poor. who does he want to urinate on now? watch out, everybody, "varney & company" about to begin. ride . she knows the potential for makingr losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. well, having a ton of locations doesn't hurt. and a santa to ot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stss. fedex office. >> the big story this morning is a big name and you know it and probably own it. apple had its worst trading day in four years and it's facing real competition from the samsung galaxy, its smart phone market in china is down, but perhaps more importantly, investors are selling, piling out, taking profits before the new year when the tax on profit goes up. if you have an american-ba
he voiced the teacher union cartoon where the rich urinate on the poor. who does he want to urinate on now? watch out, everybody, "varney & company" about to begin. ride . she knows the potential for makingr losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade....
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law makers did approve the right to work bill that protects non-union workers from having to pay union dues. just watch this for a second. stuart: now the white house has not yet distanced itself from that kind of vvolence. listen to this from jay carney yesterday. >> the president believes in, you know, debate that's, you know, civil. i haven't seen those comments and i'm not sure they mean what some would interpret them to mean. i haven't seen them. you've heard the president talk about his views. he has also opposed so called right to work laws. as he said those laws are generally political and not economic. they are more about the right to earn less pay than they are, you know, helpful to our economy. and he presented those views yesterday in michigan. stuart: all right. kirsten, i want to make three points. i think the president should have made a clear distance between himself, the administration, and what happened on the streets there. second point, i think the unions have really lost a big one in michigan, and number three, i don't think you should ever take your politics into
law makers did approve the right to work bill that protects non-union workers from having to pay union dues. just watch this for a second. stuart: now the white house has not yet distanced itself from that kind of vvolence. listen to this from jay carney yesterday. >> the president believes in, you know, debate that's, you know, civil. i haven't seen those comments and i'm not sure they mean what some would interpret them to mean. i haven't seen them. you've heard the president talk about...
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all the legislation does is make optional union dues and union memberships with the exception of police and firefighters. stuart: thank you so much. the unions say they are getting rights for all of the workers. it is amazing to me that they are trying to compel somebody to force them to join a group. it seems to violate your liberty. adam: look at what happened in wisconsin. the membership stopped donating once it became volunteer. 75% stopped donating to their unions. melissa: that is amazing. they said people wanted to be part of the union, but the economic times are so tough and given the choice, they figured it was not worth the money. adam: it would be a question for the labor movement, what is the role in 2013. melissa: forget the better than expected jobs report. fiscal cliff worries still weighing down the market. adam: deal or no deal, the federal government will still be flowing through trillions of dollars we do not have. it is all about spending. next. ♪ adam: today's jobs report beating estimates, 146,000 jobs created in november and the unemployment rate dropping to the
all the legislation does is make optional union dues and union memberships with the exception of police and firefighters. stuart: thank you so much. the unions say they are getting rights for all of the workers. it is amazing to me that they are trying to compel somebody to force them to join a group. it seems to violate your liberty. adam: look at what happened in wisconsin. the membership stopped donating once it became volunteer. 75% stopped donating to their unions. melissa: that is...
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the debate about unions has focused on money, pay scales, union dues, but i think the crisis in the union movement goes oh so much deeper. here's my take on attitude. an us versus them approach does not work in the modern world. but that is the mentality of the unions today. what i picked up is hostility, a stick it to them way of thinking. this is one reason why so much of our manufacturing industry has gone overseas, us and them. hopeless. in so many industries, the union contract with its rigid workplace rules, we only do this and you only do that, that stifles creativity and efficiency. see what happened to the twinkie? some teamster delivery trucks were not allowed to carry some of the hostess products, so they had to send two trucks, good-bye twinkie. you listen to those guys fighting in michigan and it sounds like a rally at a steel plant in 1952. listen to the language: solidarity, workers rights, fight. watching those guys makes me feel like i am in a time warp. so isn't this michigan revolution an opportunity for unions to reinvent themselves? not as the enemy of management, but
the debate about unions has focused on money, pay scales, union dues, but i think the crisis in the union movement goes oh so much deeper. here's my take on attitude. an us versus them approach does not work in the modern world. but that is the mentality of the unions today. what i picked up is hostility, a stick it to them way of thinking. this is one reason why so much of our manufacturing industry has gone overseas, us and them. hopeless. in so many industries, the union contract with its...
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employment of the union dues and take it and give it to the union. that is that. legislature in michigan are classes that is not an recognizes the not to associate, they can do whatever union they want, and seek to bargain collectively but it can't force people to join them or support them financially. tracy: isn't this about political donations at the end of the day? they go from your paycheck to his. >> the unions have gotten into a seductive dance with the politicians. we will get you in office, you get us more people paying dues. we will use the dues to contribute to your campaign, you will get those from us come you keep doing this. the loss o laws that force peopo join our unions so we have more money to share with you. it is reprehensible because it takes away basic human right, the right to choose whether or not to join the union. ashley: what are the unions frightened of? so they will be backing out. >> they are afraid of the symbolism. this is motown, this is detroit, this is the heart of the american automobile industry. ashley: the union
employment of the union dues and take it and give it to the union. that is that. legislature in michigan are classes that is not an recognizes the not to associate, they can do whatever union they want, and seek to bargain collectively but it can't force people to join them or support them financially. tracy: isn't this about political donations at the end of the day? they go from your paycheck to his. >> the unions have gotten into a seductive dance with the politicians. we will get you...
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legislators and unions from the state like new york and new jersey to push for this. dennis: state economies will grow better. on fed watch, maybe 16 minutes. before ben bernanke and company give the latest on the economy. keep it here for the best coverage on fox business. cheryl: this is the place to be. our of our panel will come back and talk about who should replace fed chairman ben bernanke, hearing he wants to go, who should be in line? dennis: like attending his own funeral. how world currencies are faring against the u.s. dollar. cheryl: we are moments away from the fed's decision, the final scheduled meeting of the year. we are now seven minutes away. we will get that announcement. maybe analysts believe today's announcement will include a new stimulus program, operation twist scheduled to end and get something new from them. if we get the new bond buying program that could push the market higher or if it is not the amount of bond buying that the markets want markets could have a negative reaction. we are on that for you. dennis: you wonder if this is more f
legislators and unions from the state like new york and new jersey to push for this. dennis: state economies will grow better. on fed watch, maybe 16 minutes. before ben bernanke and company give the latest on the economy. keep it here for the best coverage on fox business. cheryl: this is the place to be. our of our panel will come back and talk about who should replace fed chairman ben bernanke, hearing he wants to go, who should be in line? dennis: like attending his own funeral. how world...
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stuart: new video from the teachers union may further that argument. we will show it to you when our voice of reason in california mike reagan joins us atat0:45. >>> i do not give specific investment advice. it's not what we do on varney & company, and besides i'm the guy who invested in microsoft. you wouldn't want a stock tip from me now, would you? having said that, here is my take on real estate. i still think a single family home in a solid neighborhood is a good investment. think about it, taxes on dividends, interest and capital gains, almost certainly going up, so get a dividend payment and a tax bite goes up. sell a stock, sell a bond, and the tax goes up. but a house? no dividend, no interest, and if there is a capital gain, it's long-term, and you choose when to pay the tax. plus, home prices remain low, and the cost of borrowing for that mortgage is the lowest on record. so you can buy cheap and let your profit accumulate, tax-free, and you have a few write-offs when the tax bill does come due. i don't know what's going to happen to stocks
stuart: new video from the teachers union may further that argument. we will show it to you when our voice of reason in california mike reagan joins us atat0:45. >>> i do not give specific investment advice. it's not what we do on varney & company, and besides i'm the guy who invested in microsoft. you wouldn't want a stock tip from me now, would you? having said that, here is my take on real estate. i still think a single family home in a solid neighborhood is a good investment....